Best Energy Services, Inc. (OTC Bulletin Board: BEYS), a U.S. energy production equipment and services provider, today announced its financial results for the first fiscal quarter, ended April 30, 2008, including the results for subsidiaries Bob Beeman Drilling Company and Best Well Service, Inc., which were both acquired on February 14, 2008, and comparable results [...]
Stephens Inc.’s private equity firm will make a majority equity investment in an independent directional drilling company and provide subordinated debt financing, the company announced Tuesday.
Terms of the deal between Little Rock-based The Stephens Group LLC and Multi-Shot LLC were not disclosed.
This is Stephens’ third major capital investment in an oil and gas-related company. In [...]
Stephens Inc.’s private equity firm will make a majority equity investment in an independent directional drilling company and provide subordinated debt financing, the company announced Tuesday.
Terms of the deal between Little Rock-based The Stephens Group LLC and Multi-Shot LLC were not disclosed.
This is Stephens’ third major capital investment in an oil and gas-related company. In [...]
TXU Corp. received permission Wednesday to move forward with plans to construct a coal-fired power plant in Central Texas. The plant is one of three that the company’s prospective new owners still plan to build.
A federal judge in Austin approved a settlement Wednesday among TXU, the Justice Department and Alcoa Inc. that allows TXU to [...]
Enterprise Products Partners L.P. announced that the Independence Hub production platform set sail today from Corpus Christi, Texas, for a five-day trip to Mississippi Canyon Block 920 where it will be installed. The hub, which is owned 80 percent by Enterprise and 20 percent by Helix Energy Solutions Group, Inc., will be located approximately 150 [...]
The environmental impacts of more oil and gas drilling in the Gulf of Mexico prompted a range of opinions at a seminar Saturday.
The Gulf of Mexico Energy Security Act of 2006, approved by Congress last month, opens about 543,000 acres in the eastern gulf to drilling leases within the year. Some lease areas are as [...]
A proposed $160 million ethanol plan east of the city received the go-ahead from federal officials to start raising money.
The U.S Securities and Exchange on Thursday approved Homeland Ethanol Solutions for limited liability corporation status. The action allows the company to start selling shares for an ethanol plant capable of producing 100 million gallons annually.
Pat [...]
Ipsco Inc., a maker of steel pipe for oil and natural-gas companies, said third-quarter profit rose 47 percent to a record as the company’s tax rate fell and demand improved for metal equipment used in energy exploration.
Net income rose to $197 million, or $4.15 a share, from $134 million, or $2.78, a year earlier, Lisle, [...]
EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts, [...]
